One of the most common queries, both for those who want to rent or buy an industrial building and for those who have a building to offer, is what criteria to apply when setting the price, or how to know if the price asked for a building is within the market parameters.
If we go into the pricing criteria, there are two ways of doing this: relative valuation, and discounted CASH FLOWS, and this can only be done by the owner of the building, who has the necessary information).
The relative valuation to fix the price of an industrial building may be less precise, but it is the most common.
In this case, first of all, a comparison is made with warehouses in the same area and similar conditions, to see at what prices they are being offered. It is very important to bear in mind that the market price is the price paid, not the asking price. That is to say, if we only look at the offers in newspapers or websites, we will see the price set by the owner, not the price that has finally been paid, or if they have really been able to rent or sell it at that price.
The best way to obtain reliable data is to talk to reliable professionals who can tell us at what prices similar transactions have been closed in the area.